- Net Income Decline: PZU’s net income for the second quarter is 1.19 billion zloty, which is 22% lower than last year and below the estimated 1.26 billion zloty.
- Insurance Sales Increase: Insurance sales have risen by 10% year-over-year to 7.28 billion zloty, exceeding the estimate of 7.09 billion zloty.
- Operating Profit Drop: The operating profit for the second quarter stands at 3.55 billion zloty, a 16% decrease year-over-year, and under the estimated 3.72 billion zloty.
- First Half Net Income: For the first half of the year, net income is 2.45 billion zloty, down 9% compared to the same period last year.
- Analyst Ratings: PZU has received 6 buy ratings, 6 hold ratings, and no sell ratings.
A look at Powszechny Zaklad Ubezpieczen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Powszechny Zaklad Ubezpieczen using a range of factors to determine its long-term outlook. With strong scores across Value, Dividend, Growth, and Momentum, Powszechny Zaklad is positioned favorably in the market. The company’s solid Value and Dividend scores indicate that it is attractively priced and offers a good potential for income generation for investors. Additionally, its Growth score suggests promising future prospects for expansion and development. However, the slightly lower Resilience score may indicate some vulnerability to market fluctuations, which investors should consider when evaluating the company.
Powszechny Zaklad Ubezpieczen, offering property and casualty insurance, presents a diverse range of non-life insurance products including fire and automobile insurance. The company also has a segment dedicated to life insurance. Considering its overall positive Smart Score breakdown, investors may view Powszechny Zaklad as a promising investment opportunity for the long term, especially given its strong performance across key factors like Value, Dividend, Growth, and Momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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